Search ResultsShowing 1 - 10 of 72 results for Kristi Cheng
Undisclosed additional lending must stop
KRISTI CHENG  |  THURSDAY, 26 SEP 2019
The practice of lending by an unregistered second ranking charge must stop, according to Metrics Credit Partners managing partner Andrew Lockhart. The practice of giving additional lending without disclosing it to the bank, typically for commercial ...
Super Consumers Australia launches, slams MySuper products
KRISTI CHENG  |  WEDNESDAY, 25 SEP 2019
New consumer group Super Consumers Australia has marked its launch with a swipe at MySuper products and the superannuation lobby. The consumer group said its research shows the superannuation system "put over 170,000 people into a poor performing super ...
AMP launches fee calculator
KRISTI CHENG  |  TUESDAY, 24 SEP 2019
AMP has launched a new fee calculator allowing financial advisers and clients to produce fee calculations for its MyNorth wrap platform. Through a web-based calculator, advisers and clients enter their intended investment amount in either their super ...
Cerberus affiliate buys Aussie SME lender
KRISTI CHENG  |  TUESDAY, 24 SEP 2019
An affiliate of Cerberus Capital Management, L.P. has bought an Australian SME lender, Axsesstoday. The $259.7 million deal brings Axsesstoday out of voluntary administration, according to Deloitte, who led the sale. The SME lender entered into voluntary ...
Bloomberg launches equity benchmarks
KRISTI CHENG  |  TUESDAY, 24 SEP 2019
Bloomberg has launched U.S. equity benchmark capabilities, marking a significant step for Bloomberg in the equity index space. The new equity offering includes the Bloomberg U.S. Large Cap Index as well as growth, value and dividend indices. These benchmarks ...
New NAB chief start date announced
KRISTI CHENG  |  TUESDAY, 24 SEP 2019
NAB has announced Ross McEwan will take the reins as the group's new chief executive before the year's end. Ross McEwan will step down from his role as chief executive of the Royal Bank of Scotland on October 31 and commence as chief of NAB onDecember ...
Global manager names regional director
KRISTI CHENG  |  TUESDAY, 24 SEP 2019
Aberdeen Standard Investments has strengthened its local investment capabilities with the appointment of a new investment director, joining from Victorian Funds Management Corporation. Danielle Welsh-Rose has joined as ASI's ESG investment director ...
CFS awards Asian equities mandate
KRISTI CHENG  |  FRIDAY, 20 SEP 2019
Colonial First State has awarded a mandate to a global asset manager for its Asian equities strategy. Robeco has won the mandate for an undisclosed amount to manage CFS's high-conviction, unconstrained, Asian equities mandate that looks to integrate ...
Intrust Super revamps robo-advice
KRISTI CHENG  |  FRIDAY, 20 SEP 2019
Intrust Super has relaunched its robo-advice offering, increasing the solution's speed while decreasing the user input requirements. Called Super Blueprint, the superannuation fund has upgraded the offering to simplify the digital advice experience ...
Neuberger Berman launches new fund
KRISTI CHENG  |  THURSDAY, 19 SEP 2019
Neuberger Berman has launched an actively managed, income fund in Australia. The global asset manager has launched the Neuberger Berman Strategic Income Fund in Australia, which is designed to offer investors access to a "diversified mix of fixed income ...
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